Interpublic, Omnicom profits up 27%

Published on October 30, 1995.

Interpublic Group of Cos. reported third-quarter net income of $22.2 million, up 27.4% over the same period in 1994. Gross income for the quarter increased 11.8% to $492 million. Omnicom Group announced a 27% increase in net income to $23.7 million. Worldwide revenue jumped 18% to $537.7 million.